Diesel sells above N1000 per liter
The review findings have unveiled the prevailing purchase range of diesel at the pump for Nigerians, fluctuating between N980 to ...
Tag: VAT
news and stories about VAT
NERC says no extra charges for those who paid for meters before price increase
The Nigerian Electricity Regulatory Commission (NERC) has said that the customers who already paid for meters before the prices were ...
Nigeria’s VAT rises by 10% to N781bn Q2 2023 – NBS
In the second quarter of 2023, Nigeria's Value Added Tax (VAT) collections continued their upward trajectory, reaching a total of ...
MCCI Q2/2023: Energy costs top challenges facing Nigerian manufacturers
About 63.1% of manufacturers enumerated disagreed that government capital expenditure encourages productivity in the manufacturing sector; 23.9% of those enumerated ...
7.5% VAT pushes diesel prices to between N900 and N950 per liter
The 7.5% value-added tax (VAT) on diesel has pushed pump prices to N900 at the least and N950 at the ...
Presidential tax committee Chairman advocates for suspension of VAT on diesel
The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has advocated for the suspension of ...
FIRS “partly” extends submission of Companies Income Tax returns for 2023 year of assesment
Nigeria’s Federal Inland Revenue Service, FIRS, announced that it has extended the due date for submission of Companies' Income Tax ...
CPPE opposes VAT collection from informal sector, proposes four channels for utilizing additional revenues
CPPE commends President Tinubu's Executive Orders and emphasizes sensitivity to manufacturing sector challenges.
FG announces plan to recover N553 billion in unremitted petroleum shipping taxes
The Nigerian Government revealed that it plans to recover N553 billion in unremitted taxes owed by international petroleum shipping companies ...
FIRS-MATAN VAT Direct Initiative: Market traders will have VAT exemptions – Taiwo Oyedele
The Fiscal Policy Partner and Africa Tax Leader at PwC, Mr Taiwo Oyedele, stated that market traders under the VAT ...
